As a novice what is the most important advice you can give me about purchase conveyancing in Chelsfield?
You may not hear this from too many lawyers but conveyancing in Chelsfield and elsewhere in South East London is an adversarial process. Put another way, when it comes to conveyancing there is an abundance of opportunity for confrontation between you and other parties involved in the house moving process. E.g., the vendor, selling agent and on occasion your bank. Appointing a law firm for your conveyancing in Chelsfield is a critical decision as your conveyancer is your adviser, and is the ONE party in the transaction whose role it is to protect your legal interests and to protect you.
Every so often a third party with a vested interest may try and persuade you that you should follow their advice. For example, the property agent may claim to be helping by claiming that your solicitor is wrong. Or your financial adviser may advise you to do take action that is against your lawyers recommendation. You should always trust your lawyer above all other parties in the home moving process.
Please help - my lawyer advises that defective lease insurance is necessary on my purchase. What is the level of cover for Chelsfield conveyancing?
The right level of defective lease indemnity insurance should be dictated by who your lender. It would differ for example between Santander and Chelsea Building Society. Conveyancing solicitors as opposed to borrowers take out such policies.
Is it the case that all Chelsfield CQS (Conveyancing Quality Scheme) solicitors are on the Nationwide conveyancing panel?
A selection of banks and building societies now utilise CQS as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to join their panels.
I am currently in the process of buying my council flat in Chelsfield. I have a mortgage offer with Nottingham. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Nottingham, you will need to appoint a solicitor on the Nottingham conveyancing panel.
2 months have gone by following my purchase conveyancing in Chelsfield took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Chelsfield. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Chelsfield
If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please confirm the Lease plans are architect prepared.
Planning to complete next month on a ground floor flat in Chelsfield. Conveyancing lawyers assured me that they are sending me a report on Monday. What should I be looking out for?
The report on title for your leasehold conveyancing in Chelsfield should include some of the following:
What you can do if another leaseholder in the building breaches a clause of their lease? Does the lease require carpeting throughout thus preventing wood flooring? You should be informed what constitutes a Nuisance as far as the lease is concerned Will you be prohibited or prevented from having pets in the property? The physical extent of the property. This may be the property itself but may incorporate a attic or storage are if applicable.
We have reached the end of our tether in seeking a lease extension in Chelsfield. Can this matter be resolved via the Leasehold Valuation Tribunal?
Absolutely. We can put you in touch with a Chelsfield conveyancing firm who can help.
An example of a Lease Extension decision for a Chelsfield property is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case was in relation to 1 flat. The unexpired residue of the current lease was 50.57 years.
My wife and I have recently appointed a conveyancing solicitor in Chelsfield. I need to find out if they are on the lender's approved list of lawyers. Could you assist?
One option is to phone the conveyancer to enquire if they are on the bank's approved list. Alternatively please get in touch with us and we can investigate and revert. Should the firm not be on the conveyancing panel we we can help find a quality conveyancing solicitor in Chelsfield on the panel for your lender.